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EMERGING JOURNAL ON ENGINEERING SCIENCE TECHNOLOGY

ISSN 0974-2050, EJEST


Sep 2009- Nov 2009
Winter Edition 2009
PP [19-29], Volume 04, Issue No 07
Chitriki.Thotappa, Dr.K.Ravindranath
©Scientific Engineering Research Corporation
http://serc.org.in

 
 

A DATA MINING APPROACH FOR OPTIMAL


INVENTORY CONTROL IN A SUPPLY CHAIN
Chitriki.Thotappa
Research scholar & Assistant Professor, Department of Mechanical Engineering, Proudadevaraya
Institute of Technology (PDIT), T.B.Dam, Hospet, Karnataka INDIA.
Email ID: thotappa@gmail.com Mb. No. 09342612381

Dr.K.Ravindranath
Principal, Annamacharya Institute of Technology, Tirupati, Andra Pradesh INDIA
Email ID: kravi1949@yahoo.com Mb. No. 09948149222

ABSTRACT
Optimal inventory control is one of the significant tasks in supply chain management.
The optimal inventory control methodologies intend to reduce the supply chain (SC)
cost by controlling the inventory in an effective manner, such that, the SC members
will not be affected by surplus as well as shortage of inventory. In this paper, we
propose an efficient approach that effectively utilizes the Data Mining (DM) concepts
as well as Genetic Algorithm (GA) for optimal inventory control. The proposed
approach consists of two major functions, mining association rules for inventory and
selecting SC cost-impact rules. Firstly, the association rules are mined from EMA-
based inventory data, which is determined from the original historical data. Apriori, a
classic data mining algorithm is utilized for mining association rules from EMA-based
inventory data. Secondly, with the aid of genetic algorithm, SC cost-impact rules are
selected for every SC member. The obtained SC cost-impact rules will possibly
signify the future state of inventory in any SC member. Moreover, the level of holding
or reducing the inventory can be determined from the SC cost-impact rules. Thus, the
SC cost-impact rules that are derived using the proposed approach greatly facilitate
optimal inventory control and hence make the supply chain management more
effective.

 
 
A Data Mining Approach for Optimal Inventory Control in a Supply Chain; Chitriki.Thotappa, 
Dr.K.Ravindranath; PP [19‐29]